Francois Rochon - Giverny Capital Portfolio (Q1 2026)

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Giverny Capital, Francois Rochon, has built a diversified portfolio of 50 publicly traded holdings with a total market value of $2.7B as of Mar 31, 2026. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a diversified approach to stock selection, with the top holding representing 6.6% of the total portfolio value. The top 5 holdings account for 30.6% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

50
Total Holdings
$2.7B
Portfolio Value
Mar 31, 2026
Latest Filing
6.6%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in BERKSHIRE HATHAWAY INC DEL (BRK-B) represents 6.6% of the total portfolio, valued at $181.4M.

Rank Symbol Company Value Portfolio % Change
1 BRK-B BERKSHIRE HATHAWAY INC DEL $181.4M 6.6% -25.2%
2 GOOG ALPHABET INC C $178.1M 6.5% -2.9%
3 META META PLATFORMS INC $176.1M 6.4% -1.8%
4 HEI-A HEICO CORP NEW $155.9M 5.7% -2.1%
5 SCHW SCHWAB CHARLES CORP $144.4M 5.3% -3.1%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 155 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
ADP Automatic Data Processing, Inc. +419,090 Mar 31, 2026 BUY
AME AMETEK, Inc. -367,400 Mar 31, 2026 SELL
BFAM Bright Horizons Family Solution +332,133 Mar 31, 2026 BUY
87318A101 TWFG +220,596 Mar 31, 2026 BUY
AAON AAON, Inc. +201,832 Mar 31, 2026 BUY
BRK-B Berkshire Hathaway Inc. New -127,359 Mar 31, 2026 SELL
IBP Installed Building Products, In -115,571 Mar 31, 2026 SELL
SCHW Charles Schwab Corporation (The -49,455 Mar 31, 2026 SELL
OZK Bank OZK -32,983 Mar 31, 2026 SELL
DFH Dream Finders Homes, Inc. -32,202 Mar 31, 2026 SELL

Investment Strategy Insights

Giverny Capital's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a diversified investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in BERKSHIRE HATHAWAY INC DEL (BRK-B) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a decrease of 25.2% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 155 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

Complete Holdings

View all 50 holdings with detailed analysis

Trading Activity

Track all portfolio transactions and position changes

Performance Metrics

Analyze profit, winning trades, and investment returns

Sector Allocation

Analyze portfolio breakdown by sector and industry

Giverny Capital's portfolio as of Mar 31, 2026 reflects a strategic approach to equity investing with 50 holdings valued at $2.7B. The concentrated position in BERKSHIRE HATHAWAY INC DEL and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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